Business Glossary - J
Job Description - A written statement listing the elements of a particular job or occupation, e.g., purpose, duties, equipment used, qualifications, training, physical and mental demands, working conditions, etc.
Joint Venture - The cooperation of two or more individuals or enterprises in a specific business enterprise, rather than in a continuing relationshipS.as in a partnership.
Journal - a book in which one records each business transaction from supporting documents.
Judgment - Judicial determination of the existence of an indebtedness, or other legal liability.
Judgment By Confession - The act of debtors permitting judgment to be entered against them for a given sum with a statement to that effect, without the institution of legal proceedings.
Junk Bond - A high-yield corporate bond issue with a below-investment rating that became a growing source of corporate funding in the 1980s.